Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cash sales of $$40,000$ and $$44,000,$ respectively. It also expects credit sales of $$60,000$ and $$70,000,$ respectively. The company expects to collect $60\%$ of its credit sales in the month of the sale, $35\%$ in the following month, and $5\%$ is deemed uncollectible. What amount of cash collections would appear in the company's cash budget for the second month?

Multiple Choice

$$ $$94,500$

$$

$$42,000$

$$ $$107,000$

$$

$$104,000$